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Ground Support Equipment Market to Witness a CAGR of 12.12% during 2021 to 2027, Globally – Axiom MRC

Global-Ground--Support-Equipment-Market

Wilmington, May 6, 2021: Axiom Market Research & Consulting™ added a report on global ground support equipment market which includes study on type, power source and application across various countries of key regions across the globe. The global ground support equipment market was projected to grow at a CAGR of 12.12% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the ground support equipment market.    

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The study analyses global ground support equipment market based on type, power source, application and geography. Ground support equipment are bifurcated as powered and non-powered equipment’s. Non powered equipment’s include dollies, chocks, aircraft tripod jack and aircraft service stairs. Powered equipment’s consist of refuelers, container loaders, tugs & tractors, transporter, air start unit and others. By power source, ground support equipment market is segmented as electric, non-electric and hybrid. Applications of ground support equipment covered in the study are aircraft handling, cargo handling, and passenger handling.

The key competitors of this market include JBT Corporation (US), Teleflex Lionel-Dupont (TLD) (France), Mallaghan (UK), Tug Technologies Corporation (Textron GSE) (US), Tronair Inc. (US), MULAG Fahrzeugwerk (Germany), Guangtai (China), Rheinmetall AG (Germany), ITW GSE (Denmark), and Cobus Industries GmbH (Germany), among others

Ground Support Equipment Market Regional Trends

Asia pacific held the largest market share of global ground support equipment market and is likely to dominate the market over the estimated time frame. Growing air traffic in the countries of Asia Pacific led airports to expand their operations. The expanding operations result in additional passenger equipment’s, new terminals, gates and other needed infrastructure which boosts the demand of ground support equipment in the region.

Ground Support Equipment Market Segmental Highlights

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Research Objectives of Ground Support Equipment Market Report:

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